A               KS BHANDARI&ASSOCIATES
                                                                   CHARTERED ACCOUNTANTS

                                   FORM5
                               [see Regulation 4]
            ANNUAL REPORT ON STATEMENT OF ACCOUNTS


To,
Mr Ajay Bang and Mr Sanjay Bang,
Partners,
Shri Tirupati Corporations,
Survey No 11/1, Plot No 39 & 40,
Manora Road, Digras,
Yavatmal-445203,
Maharashtra.

SUBJECT : Report on Statement of Accounts on project fund utilization
and withdrawal by Shri Tirupati Corporations for the period from
01.04.2019 to 31.03.2020 with respect to MahaRERA Regn. Number
P51000013954 vide project titled Tirupati-2 at Survey No. 11/1Plot No.
1,2 at Digras, Yavatmal, 445203.


1. This certificate (annual report) is issued in accordance with the
                                                                        provisions
of the Real Estate (Regulation and Development) Act, 2016 read along with
the Maharashtra Real Estate (Regulation and Development) (Registration of
Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and
Disclosures on Website) Rules, 2017.
2. Ihave obtained all necessary information and explanation from the firm,
during the course of audit (review), which in my/our opinion are necessary
for the purpose of this certificate (annual report).
3. Ihereby confirm that I have examined the prescribed registers, books and
documents, and the relevant records of Shri Tirupati Corporations for the
period ended 31.03.2020 and hereby certify (report) that:
i. M/S. Shri Tirupati Corporations has completed 100% of the project titled
Tirupati-2 at Survey No. 11/1 Plot No. 1,2 at Digras, Yavatmal, 445203.
ii. Amount collected during the year for this project is Rs. 1,08,18,000/
                                                                       aNY




amounts collected till date is Rs. 2,21,03,000/
                                                                                           ASSO
                                                                                            LATE
                                                                                 M. No. 178337
                                                                                FRN.145009 W
                                                                               Trd    Nccouata




                                                            Hall 1, First Floor, Sai Govinda,
                                                            Near Naik Chowk, Pusad -445204
 kanhaiya@caksb.co, in               7588188600
                                                        Bang Heights, Main Road, Digras -445203
                                                         KS BHANDARI&ASSOCIATES
                                     A                               CHARTERED ACCOUNTANTS
ii. Amount withdrawn during the year for this project is Rs. 14,31,377/- and
amount withdrawn till date is Rs. 1,31,55,777/ -
4. I certify (report) that the Shri Tirupati Corporations has utilized the
amounts collected for Tirupati-2 project, only for that project and the
withdrawal fromn the designated bank account(s) of the said project has been
in accordance with the proportion to the percentage of completion of the
project, subjects to my observations/comments if any.
(If not, please specify the amount withdrawn in excess of eligible amount or
any other exceptions-).
Observations :


1) RERA designated account is not opened. Above reporting is done as per the
   transactions held in a separate bank account, otherwise reporting would
  have been Nil.

2) Expenditure incurred in FY 17-18 i.e. prior to any receipt from allottees was
  made out of self funds, which majorly includes purchase of land. That
  expenditure is not included in above data which is to the tune of Rs
   1,11,55,006/-.

3) Certain portion of receipts are made in cash which are included in above
  data.

4) There are certain expenditures incurred for another project i.e. Tirupati
  Imperial. However, as major expenditures were incurred prior to any receipt
  from allottees in Tirupati 2, major portion of expenditure was self financed.
  The same is being utilised now for other project. At the end of financial year,
  total receivable amount from Project Ti RI AND Imperial is Rs 58,08,938/
          KSBhandan                      M. No. 178537
                                         FRN:145009 W

(Signature and Stamp/Seal of the SignaA
Name of the Signatory : CA Kanhaiya S Bhandari
 FullAddress : Moti Nagar Pusad
 Membership No: 178537
E-mail : kanhaiyal@caksb.co.in
UDIN : 23178537BGWJPE4392
Date : 26/04/2023
 Place :Pusad




                                                               Hall 1, First Floor, SaiGovinda,
                                                              Near Naik Chowk, Pusad - 445204
                                     7588188600            Bang Heights, Main Road, Digras - 445203
  kanhaiya@caksb.co.in